2025-11-14T08:59:35-06:00 2024-12-31 131578842 WEAVER AND TIDWELL LLP ONE PENNSYLVANIA PLAZA STE 2800 NEW YORK NY 10119 990 2024-01-01 133800331 1199SEIU LABOR MANAGEMENT INITIATIVES IN 1199 6464736656 PO BOX 842 NEW YORK NY 10108 MERCEDES MAMBRU CHIEF FINANCIAL OFFICER 6464736656 2025-11-13 1 0 MATTHEW SIMON P01306208 2126955003 2024 2025-03-06 01:10:19Z MERCEDES MAMBRU 498 SEVENTH AVENUE 9TH FLOOR NEW YORK NY 10018 53988205 0 X HTTP://1199SEIUBENEFITS.ORG X 1995 NY TO IMPROVE LABOR-MANGEMENT RELATIONSHIPS AND TO ACHIEVE BETTER WORKING CONDITIONS FOR EMPLOYEES, A MORE QUALIFIED AND SATISFIED WORKFORCE AND TO MAXIMIZE JOB SECURITY. 20 20 421 20 0 0 0 0 42040904 53781091 0 0 272717 207114 42313621 53988205 0 0 32725304 29933175 721641 585651 0 0 0 5620817 6547044 39067762 37065870 3245859 16922335 20020007 35378656 8970706 7407020 11049301 27971636 THE FUND WAS ESTABLISHED TO IMPROVE LABOR-MANGEMENT RELATIONSHIPS AND TO ACHIEVE BETTER WORKING CONDITIONS FOR EMPLOYEES, A MORE QUALIFIED AND SATISFIED WORKFORCE AND TO MAXIMIZE JOB SECURITY. 0 0 THOUGH THE FUND DOES NOT UNDERTAKE PROGRAM SERVICES AND DOES NOT REPORT ANY EXPENSES ON FORM 990, COL (B), THE FUND HAS CREATED A LABOR MANAGEMENT PARTICIPATION PROJECT, A JOINT EMPLOYMENT SERVICE, A RESEARCH PROJECT, A MEDIA PROJECT AND A GRANT PROJECT FOR EMPLOYEES AND EMPLOYERS IN THE HEALTH CARE INDUSTRY. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 83 0 1 421 0 0 0 0 0 0 0 0 0 0 0 X 20 20 1 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MERCEDES MAMBRU CFO 6464736656 498 SEVENTH AVENUE 9TH FLOOR NEW YORK NY 10018 X DAVID BRODSKY EMPLOYER TRUSTEE 1.00 4.00 X 0 0 0 JEFFREY COHEN EMPLOYER TRUSTEE 1.00 7.00 X 0 0 0 BARBARA LOGAN EMPLOYER TRUSTEE 1.00 6.00 X 0 0 0 TANYA ISAACS EMPLOYER TRUSTEE 1.00 2.00 X 0 0 0 ROBERT L OLIVER EMPLOYER TRUSTEE 1.00 4.00 X 0 0 0 MARC KRAMER EMPLOYER TRUSTEE 1.00 8.00 X 0 0 0 JACQUELINE ALLEYNE UNION TRUSTEE 1.00 6.00 X 0 0 0 SEAN MOORE UNION TRUSTEE 1.00 5.00 X 0 0 0 YVONNE ARMSTRONG UNION TRUSTEE 1.00 4.00 X 0 0 0 GEORGE GRESHAM UNION TRUSTEE 1.00 6.00 X 0 0 0 GREG SPELLER UNION TRUSTEE 1.00 1.00 X 0 0 0 VERONICA TURNER UNION TRUSTEE 1.00 6.00 X 0 0 0 AARON KRANICH EMPLOYER TRUSTEE 1.00 5.00 X 0 0 0 CHRISTENE NATION-JUMPP EMPLOYER TRUSTEE 1.00 3.00 X 0 0 0 STACEY GRAY UNION TRUSTEE 1.00 X 0 0 0 ADEKEMI GRAY UNION TRUSTEE 1.00 3.00 X 0 0 0 ROBERT MORRIS UNION TRUSTEE 1.00 X 0 0 0 DAN RATNER UNION TRUSTEE 1.00 8.00 X 0 0 0 MILLY SILVA UNION TRUSTEE 1.00 3.00 X 0 0 0 MARC LEFF EMPLOYER TRUSTEE 1.00 5.00 X 0 0 0 SANDI VITO EXECUTIVE OFFICER 1.00 9.00 X 111293 288821 196148 DONNA S REY CROSS FUNDS EXECUTIVE OFFI 1.00 1.00 X 0 954314 485086 MERCEDES MAMBRU CHIEF FINANCIAL OFFICER 1.00 1.00 X 26148 483637 288578 DANIEL BUSTILLO DEPUTY EXECUTIVE DIRECTOR 1.00 9.00 X 59639 154773 96910 LORRAINE MONCHAK CHIEF INVESTMENT OFFICER 1.00 1.00 X 0 1557794 786113 BRANDY D SHILOH CHIEF OF ADMINISTRATION 1.00 1.00 X 0 795442 409394 STACEY MILLMAN CHIEF COMMUNICATIONS OFFIC 1.00 1.00 X 0 624057 315506 VAN DUNN CHIEF MEDICAL OFFICER 1.00 1.00 X 0 579782 328644 ANGELA SCOTT CHIEF BENEFITS OFFICER 1.00 1.00 X 0 545348 282343 197080 5983968 3188722 6 0 1 0 STAGWELL GLOBAL LLC ONE WORD TRADE CENTER 69TH FLR NEW YORK NY 10007 OTHER SERVICES 8285163 TD BANK NA PO BOX 2580 CHERRY HILL NJ 08034 OTHER SERVICES 939806 ARC INITIATIVES 750 17TH ST NW SUITE 500 WASHINGTON DC 20006 OTHER SERVICES 660000 THE WISCO PROJECT 4230 N OAKLAND AVENUE UNIT 230 SHOREWOOD WI 53211 OTHER SERVICES 500000 VERIZON WIRELESS SERVICES LLC PO BOX 408 NEWARK NJ 07101 TELECOMMUNICATION 401542 27 EMPLOYER CONTRIBUTIONS 900099 53781091 53781091 53781091 OTHER INCOME 900099 207114 207114 207114 53988205 53988205 0 0 29933175 585651 84198 36238 82616 748767 333721 SHARED EXPENSES 5261504 37065870 9954454 28240483 191962 200680 499313 652288 3571812 95 2458873 1881883 708818 576990 5093648 5708120 20020007 35378656 4616693 2525876 4354013 4881144 8970706 7407020 X 11049301 27971636 11049301 27971636 20020007 35378656 16922335 0 X X 0 1 X 1 0 342487 299924 42563 2064243 1535335 528908 52143 46624 5519 576990 DUE FROM RELATED ENTITIES 5708120 5708120 DUE TO RELATED ENTITIES 4881144 4881144 X 53988205 0 53988205 0 53988205 37065870 0 37065870 0 37065870 PART X, LINE 2: FORM 990, PART IV, LINE 11F: US GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF LIABILITY (OR ASSET) OR DISCLOSURE IN FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. X X X 0 1 0 LORRAINE MONCHAK CHIEF INVESTMENT OFFICER 0 1418708 0 0 0 139086 0 205282 0 580831 0 2343907 0 0 DONNA S REY CROSS FUNDS EXECUTIVE OFFI 0 771182 0 0 0 183132 0 170569 0 314517 0 1439400 0 0 BRANDY D SHILOH CHIEF OF ADMINISTRATION 0 666743 0 0 0 128699 0 139158 0 270236 0 1204836 0 0 STACEY MILLMAN CHIEF COMMUNICATIONS OFFIC 0 501827 0 0 0 122230 0 110744 0 204762 0 939563 0 0 VAN DUNN CHIEF MEDICAL OFFICER 0 499660 0 0 0 80122 0 115721 0 212923 0 908426 0 0 ANGELA SCOTT CHIEF BENEFITS OFFICER 0 446794 0 0 0 98554 0 98338 0 184005 0 827691 0 0 MERCEDES MAMBRU CHIEF FINANCIAL OFFICER 22064 408099 0 0 4084 75538 2493 93965 24565 167555 53206 745157 0 0 SANDI VITO EXECUTIVE OFFICER 105612 274078 0 0 5681 14743 11934 30971 42625 110618 165852 430410 0 0 DANIEL BUSTILLO DEPUTY EXECUTIVE DIRECTOR 59323 153952 0 0 316 821 6704 17397 9059 63750 75402 235920 0 0 FORM 990, SCHEDULE J, PART III ALL OFFICERS AND KEY EMPLOYEES ARE PAID BY 1199SEIU LEAGUE TRAINING AND UPGRADING FUND FOR THEIR SERVICES PERFORMED FOR ALL 1199SEIU FUNDS. THEIR SALARY IS THEN ALLOCATED TO EACH FUND BASED ON THE AMOUNT OF SERVICES PROVIDED TO EACH FUND AND IS REPORTED AS IF PAID BY THE FILING ORGANIZATION. THE AMOUNT REPORTED IN SCHEDULE J, PART II LINE (I) REPRESENTS THE AMOUNT ALLOCATED TO THE ORGANIZATION AND THE AMOUNTS REPORTED ON LINE (II) REPRESENT THE TOTAL SALARY AND BENEFITS RECEIVED FOR SERVICES PROVIDED BY ALL RELATED ORGANIZATIONS. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AND RECEIVED TAXABLE DISTRIBUTIONS DURING 2024: LORRAINE MONCHAK $100,314 DONNA S. REY $161,398 BRANDY D. SHILOH $125,502 VAN DUNN $60,239 STACEY MILLMAN $107,251 ANGELA SCOTT $88,613 MERCEDES MAMBRU $77,715 THE ABOVE AMOUNTS ARE INCLUDED ON SCHEDULE J, PART II, COLUMN B (III). THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN AND RECEIVED DEFERRED CONTRIBUTIONS DURING 2024: LORRAINE MONCHAK $44,968 DONNA S. REY $83,425 MERCEDES MAMBRU $47,850 BRANDY D. SHILOH $63,816 STACEY MILLMAN $54,038 ANGELA SCOTT $47,850 VAN H. DUNN $59,260 THE ABOVE AMOUNTS ARE INCLUDED ON SCHEDULE J, PART II, COLUMN C. FORM 990, PART VI, SECTION A, LINE 2 ALL OF THE UNION DIRECTORS ARE ALSO EMPLOYEES OF 1199SEIU (THE UNION) AND THEREFORE HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER. FORM 990, PART VI, SECTION A, LINE 7A THE UNION DIRECTORS ARE APPOINTED BY 1199SEIU UNITED HEALTHCARE WORKERS EAST, AND THE EMPLOYER DIRECTORS ARE APPOINTED BY THE LEAGUE OF VOLUNTARY HOSPITALS AND HOMES OF NEW YORK. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER AND FINANCE TEAM REVIEWS THE DRAFT FORM 990 AND CONFER WITH THE ACCOUNTANTS AND LEGAL COUNSEL TO ENSURE THE ACCURACY OF THE RETURN. ANY CONCERNS ARE NOTED AND ADDRESSED AND MANAGEMENT ENSURES THAT THE CHANGES ARE INCORPORATED IN THE FORM 990. THE COMPLETED FORM 990 IS THEN SIGNED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE OR UPDATE TO THE EXECUTIVE DIRECTOR, OR DESIGNEE, THEIR INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTERESTS. FOR EACH INTEREST DISCLOSED BY A TRUSTEE, THE EXECUTIVE DIRECTOR OR DESIGNEE WILL DETERMINE WHETHER TO (A) TAKE NO ACTION (B) ASSURE FULL DISCLOSURE TO THE TRUSTEE (C) ASK THE TRUSTEE TO BE RECUSED FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS; AND OR (D) ASK THE TRUSTEE TO RESIGN. REGARDING EMPLOYEES, COMPLETED CONFLICTS OF INTEREST DISCLOSURE FORMS WILL BE REVIEWED BY THE HUMAN RESOURCES DEPARTMENT AND DISCLOSED CONFLICTS WILL BE REVIEWED BY HUMAN RESOURCES MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES OF THE FUND IS DETERMINED BY THE CROSS FUNDS COMPENSATION COMMITTEE (THE "COMMITTEE"), COMPRISED OF INDEPENDENT MEMBERS. THE COMMITTEE UTILIZES APPROPRIATE DATA AS TO COMPARABILITY IN ITS DETERMINATIONS, INCLUDING INFORMATION PROVIDED BY INDEPENDENT COMPENSATION CONSULTANTS. THE COMMITTEE DOCUMENTS THE BASIS FOR ANY COMPENSATION DETERMINATIONS CONTEMPORANEOUSLY IN THE MINUTES OF THE COMMITTEE. THE COMMITTEE DETERMINES COMPENSATION PERIODICALLY AS IT DEEMS APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 18 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 SPD AND FINANCIAL REPORTS ARE MADE PUBLIC PURSUANT TO IRS FILING REQUIREMENTS. WRITTEN REQUESTS FOR OTHER INFORMATION WILL BE FORWARDED TO GENERAL COUNSEL'S OFFICE FOR CONSIDERATION. FORM 990, PART VII, SECTION A: ALL OFFICERS AND KEY EMPLOYEES ARE PAID BY THE LEAGUE TRAINING AND UPGRADING FUND FOR THEIR SERVICES PERFORMED FOR THE 1199SEIU FUNDS. THEIR SALARIES ARE THEN ALLOCATED TO EACH FUND BASED ON THE AMOUNT OF SERVICES PROVIDED TO EACH FUND AND IS REPORTED AS IF PAID BY THE FILING ORGANIZATION. FORM 990, PART XII, LINE 2C THE FUND'S AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART V, LINE 2A: W-2'S ARE ISSUED TO PARTICIPANTS OF THE PLAN WHO RECEIVE DIRECT PAYMENT BENEFITS. 1199SEIU NBF HEALTH AND HUMAN SERV EMPL 498 SEVENTH AVENUE NEW YORK NY 10018 131628401 BENEFIT FUND NY 501(C)(9) N/A 0 1199SEIU HEALTH CARE EMPL PENSION FUND 498 SEVENTH AVENUE NEW YORK NY 10018 133604862 PENSION FUND NY 401(A) N/A 0 1199SEIU TRAINING AND UPGRADING FUND 498 SEVENTH AVENUE NEW YORK NY 10018 132637580 EDUC/TRAINING NY 501(C)(3) 10 N/A 0 1199SEIU JOB SECURITY FUND 498 SEVENTH AVENUE NEW YORK NY 10018 133712851 BENEFIT FUND NY 501(C)(9) N/A 0 1199SEIU LEAGUE RN TRAINING & JSF 498 SEVENTH AVENUE NEW YORK NY 10018 133946135 EDUC/TRAINING NY 501(C)(9) N/A 0 LOCAL EMPLOYER CHILD CARE FUND 498 SEVENTH AVENUE NEW YORK NY 10018 133641466 CHILDCARE NY 501(C)(9) N/A 0 1199SEIU HEALTH CARE INDUSTRY GRANT CORP 498 SEVENTH AVENUE NEW YORK NY 10018 134197609 HEALTHCARE NY 501(C)(3) 10 N/A 0 1199SEIU LICENSED PRACTICAL NURSE WF 498 SEVENTH AVENUE NEW YORK NY 10018 132623987 BENEFIT FUND NY 501(C)(9) N/A 0 1199SEIU EMPLOYEE CHILD CARE CORP 498 SEVENTH AVENUE NEW YORK NY 10018 134063281 DAY CARE CNTR NY 501(C)(3) 7 N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1